Zound Bite: Exxon Mobil Corp. again sets record profits.
Exxon Mobil Corp., the world's largest publicly traded oil company, announced last Thursday its net income grew 10 percent in the first quarter, as higher refining, marketing and chemical profit margins overcame lower crude oil and natural gas prices. Net income rose to $9.3 billion, or $1.62 per share, for the January-March period.
I waited through the weekend after this announcement--and as I have been for several weeks, now--for Harry Reid to step forward on rising gasoline prices as he did for the past few years when Republicans were in power in Congress. Except for attacking Bush on the Iraq war, which is a politically safe position with Americans, he seems to be a no show on all other issues. Thank you, Harry for being so concerned for the working poor who can't make you millions in real estate deals.


